Hisham Ramez

CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Business

CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office

Egyptian President Abdel Fattah al-Sisi has renewed Tarek Amer’s term as governor of the Central Bank of Egypt (CBE), al-Borsa newspaper reported…
Egyptian pound hits all-time low against the dollar on black market
Business

Egyptian pound hits all-time low against the dollar on black market

The value of the Egyptian pound relative to the US dollar hit rock bottom last week, with US$1 equaling LE10…
UPDATE: Egypt replaces central bank governor Hisham Ramez
Egypt

UPDATE: Egypt replaces central bank governor Hisham Ramez

Egypt has named senior banker Tarek Amer to head the central bank from November, in a move welcomed by traders…
CBE: Egypt paid US$670 million owed to Paris Club
Egypt

CBE: Egypt paid US$670 million owed to Paris Club

Hisham Ramez, governor of the CBE, said on Tuesday that Egypt had paid US$670 million owed to the Paris Club…
Central Bank: Last batch of Qatar’s deposit in 2015
Business

Central Bank: Last batch of Qatar’s deposit in 2015

Central Bank Governor Hisham Ramez said that, with the last payment of Qatar’s deposit, Egypt will have payed US$6 billion…
Sales of new canal’s investment certificates hit LE5.5 bn on fifth day
Egypt

Sales of new canal’s investment certificates hit LE5.5 bn on fifth day

Governor of the Central Bank of Egypt Hisham Ramez said in a special statement that the sale of investment certificates of…
Dismissing governor eliminates central bank independence: Ramez
Egypt

Dismissing governor eliminates central bank independence: Ramez

Central Bank Governor Hisham Ramez has expressed deep regret that the Committee of 50 has not consulted the Central Bank…
Egypt in late stages of verifying IMF reform plan
Business

Egypt in late stages of verifying IMF reform plan

Egypt's government is in the late stages of verifying its economic reform programme with the International Monetary Fund (IMF) before…
Suspected Central Bank governor carjackers arrested
Egypt

Suspected Central Bank governor carjackers arrested

Giza authorities have arrested several people suspected of stealing Central Bank Governor Hisham Ramez's car. Authorities had acted on information…
Brotherhood may back Nour Cabinet shuffle, say sources
Egypt

Brotherhood may back Nour Cabinet shuffle, say sources

Anonymous sources within the Muslim Brotherhood said Wednesday that the group may back the Nour Party’s initiative to sack the…
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